This is to inform you that the Board of Directors of Haryana Financial Corporation in its Meeting held today i.e. on 13.11.2025 have interalia considered and approved the unaudited financial ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Haryana Financial Corporation reported unaudited results for Q2 FY26 with total income falling sharply to Rs 0.61 crore from Rs 1.12 crore in Q2 FY25, a decline of roughly 46%. The company posted a net loss of Rs 0.28 crore in Q2 and Rs 0.61 crore for H1 FY26. Gross NPAs stood high at 12.19%, while accumulated losses on the balance sheet reached Rs 59.89 crore. Most importantly, the company has recommended to the State Government to wind up/liquidate the corporation under Section 45 of the SFCs Act, 1951, and the State Government has decided to delist the shares from BSE. The statutory auditor (Prem Ravinder & Co.) has flagged a material uncertainty about the corporation's ability to continue as a going concern.
This is highly negative for shareholders. The auditor has explicitly raised a going concern doubt, the company is heading toward liquidation, and BSE delisting is already in process. Shareholders face the risk of being stuck in an illiquid, delisting stock with no clear timeline on buyback or exit value.